Dattels to retire

Goldman''s Asia hand, Tim Dattels will retire at the end of the year the firm says in an internal memo. But he may yet return to Asia.

There are few expatriate investment bankers who penetrate that inner-circle of trust surrounding Asia's great tycoons. One of the few gweilos to achieve this in recent years was Tim Dattels.

Dattels came out to Hong Kong in 1996, and as head of investment banking succeeded in building Goldman Sachs into a formidable force in Asia. He was instrumental in many of the firm's core relationships such as with KS Li.